At meeting held on 08 July 2024
The Board of Va Tech Wabag at its meeting held on 08 July 2024 has approved the sale of 100% stake in Wabag Water Services S.R.L., Romania (Wabag Romania). The divestment is a part of the company's business strategy to optimise the group's structure and in line with the company's strategic focus to reduce exposure to European geographies.Wabag Romania is a wholly-owned subsidiary of VA Tech Wabag GmbH, Austria (Wabag Austria), step down subsidiary of the company.
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